UK FinTech Yapily raises $51mn in its Series B funding round.
In Brief:
The round was led by Sapphire Ventures.
It also included existing investors Lakestar, HV Capital and Latitude.
Yapily offers infrastructure for innovation through open banking.
What does this mean?
This funding round comes after Yapily raised $13mn a year ago at Series A. The FinTech has its eye on new markets like France and Spain.
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This partnership marks a significant milestone as PayPal remains one of the preferred payment options for Mollie's customers
Sumsub integrates Elliptic’s blockchain analytics to enhance crypto wallet screenings and risk assessment capabilities for clients.
Clients can enjoy flexible features, enabling fund withdrawals and re-investments within the same tax year- without impacting their ISA allowance or interest rate...
The proposal aligns with European regulators’ push for banking sector consolidation, aiming to enhance competitiveness and efficiency in the fragmented Italian market...
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